Pressure Building on AIG CEO Hancock July 27, 2016 By Sonali Basak The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that...
Federal Workplace Safety Violation Fines Going Up Aug. 1 July 27, 2016 By Joyce M. Rosenberg Businesses that are found in violation of federal occupational safety and health laws will pay more in penalties starting Aug....
$14.7B VW Diesel Settlement Gets Preliminary Approval July 27, 2016 By David Shepardson Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a...
Safety Board Finds Automated Tesla Involved in Crash Was Speeding July 27, 2016 By Alan Levin and Jeff Plungis Federal investigators probing the deadly wreck in Florida of a Tesla car that was using automated driving technology have found...
Integro Launches Cyber Risk Practice Focused on ‘Knowledge Assets’ July 26, 2016 International broker and risk management firm Integro Insurance Brokers has started a new cyber risk practice focused on exposures beyond...
Guy Carpenter’s Bueler Joins JLT Re July 26, 2016 Reinsurance broker JLT Re has appointed Aaron Bueler as executive vice president and managing broker. He will be based in...
Obama Signs Bill to Curb Opioid Abuse But Decries Low Funding July 26, 2016 President Barack Obama has signed into law a bill to curb abuse of heroin and opioid drugs, even while expressing...
P/C Insurers Face Tough Sledding in 2016, Warns S&P July 26, 2016 This year could be a tough one for U.S. property/casualty insurers as catastrophe losses, private passenger insurance woes and declining...
National Interstate Accepts $660M Buyout by American Financial July 26, 2016 By Agnel Philip National Interstate Corp., the provider of insurance to the transportation industry, accepted majority-owner American Financial Group Inc.’s sweetened bid of...
Everest Re Selling Crop Insurer Heartland to CGB July 26, 2016 Bermuda’s Everest Re Group is selling its U.S. crop insurance company, Heartland Crop Insurance Inc., to CGB Diversified Services Inc.,...